Production: Manufacturing: Intermediate Goods: Total for India
Quarterly, Seasonally Adjusted
PRMNIG01INQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.99
Year-over-Year Change
7.18%
Date Range
4/1/1994 - 10/1/2018
Summary
The 'Quarterly, Seasonally Adjusted' series measures U.S. manufacturing production, a key indicator of economic activity and industrial health.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This Federal Reserve data series tracks the monthly change in the volume of manufacturing output, providing insights into the broader state of the U.S. economy. It is a widely followed metric for analysts and policymakers.
Methodology
The data is collected through surveys of manufacturing facilities and calculated with seasonal adjustments.
Historical Context
Manufacturing production trends are closely monitored for their implications on employment, trade, and overall economic performance.
Key Facts
- Manufacturing accounts for over 11% of U.S. GDP.
- The sector employs nearly 13 million American workers.
- Quarterly manufacturing production has increased by 18% since 2010.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Seasonally Adjusted' series tracks changes in the volume of U.S. manufacturing output on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing production is a key indicator of broader economic health and industrial activity, making this data series closely watched by economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The Federal Reserve collects the data through surveys of manufacturing facilities and applies seasonal adjustments to the monthly figures.
Q: How is this trend used in economic policy?
A: Manufacturing production data informs decisions around monetary policy, trade policy, and support for the industrial sector by the government and Federal Reserve.
Q: Are there update delays or limitations?
A: The data is released with a one-month lag, and the series may be subject to periodic revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (PRMNIG01INQ661S), retrieved from FRED.